This comparison guide assists users that battle to choose in between IQ Option and Lightspeed to find the very best online broker for their trading and financial investment needs. It analyzes the highlights of both brokers side by side to help individuals contrast their service and make a notified choice.
To assist customers select the appropriate broker in between IQ Option and Lightspeed to discover the best-suited platform, listed below is a checklist of broker’s pros and cons, followed by a comparison of their major trading attributes, consisting of trading platforms & devices, costs, mobile trading, down payment & withdrawal, properties, policy, and customer assistance.
IQ Option vs. Lightspeed: Summary
IQ Option is a well established online broker great for users looking to trade forex, options and CFDs on a intuitive trading platform. Their well rounded offer consists of low spreads, a sophisticated trading platform, free demo account option, and responsive customer support in English language. They offer islamic accounts and copy trading in Arabic language which allows you to copy portfolios from seasoned investors and traders.
IQ Option is a trustworthy and reliable market maker broker and subject to the highest standards of regulation in the industry. Options trading is no longer available.
“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
General Risk Warning: “The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose”
Lightspeed is a globally operating online broker regulated by FINRA. They offer users access to 6,000 stocks, options, and futures. Their trading platforms ( LightSpeed Trader, LightSpeed Web & Mobile, and Sterling Trader Pro) offer advanced trading and charting tools including level 2 trading and dynamic charting, LiveVolX and Eze EMS.
Lightspeed offers low per-share and per-contract fees for high volume traders. The minimum deposit requirement at Lightspeed is $10,000 or $25,000.
Lightspeed’s customer support is available 24/7 through email, live chat, and phone in English language.
Pros
- Multi-chart platform layout with technical analysis
- Fast trade execution
- 24/7 customer support in Arabic and English
- Free demo account with $10.000 virtual money
- Leverage of up to 1:1000
Cons
- Trading fees are above industry average
- Inactivity fee $10/90days
Pros
- Great choice of different trading platforms
- Wide range of stocks, options and features
- Responsive customer support
- Competitive pricing on higher volume
Cons
- High minimum deposit requirement
Key features
- Access to a wide variety of markets
- Great research and education tools
- User friendly platform
- $10 minimum deposit and $1 minimum trade requirement
- Access to 3000+ tradable symbols
Key features
- Access to over 10,000 different stocks, ETFs, options, and futures
- Trading fee discounts for active stock and ETF traders
- Broad range of risk management tools and third-party software
- Extensive education section with live webinars, trading courses, and and blog
- Level 2 order book information and dynamic charting features
- Fast order routing
IQ Option vs. Lightspeed Comparison
Select up to 3 Brokers
IQ Option
Lightspeed
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 6:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 (*currency conversion fee might apply) | $50 per transaction |
| Deposit Fee | 0 | |
| Inactivity Fee | $25 if no trading in previous year | |
| Cost Per Trade | 0 | $4.50 |
| Cost Per Month | 10 EUR | Yes, depending the platform |
| Forex (EUR/USD) | 4.7pip | 0 |
| Stocks & ETF | 0.48pip | $0.0045 per share |
| CFD (Gold) | 4.8pip | 0 |
| Crypto | 127.14pip | 0 |
| Options | 0 | $0.60 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10 | $10,000.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | Over 180 | 4 markets |
| ETF & Funds | 0 | 4 markets |
| Crypto | 19 | 0 |
| Commodities | 9 | 0 |
| Indices | 9 | 0 |
| Options | Over 40 | 8 markets |
| Futures | 0 | 9 markets |
| Bonds | 0 | 0 |
| Forex Instruments | Over 30 | 0 |
| CFD Indices & Funds | Over 20 | 0 |
| CFD Stocks | OVer 180 | 0 |
| CFD Commodities | 9 | 0 |
| CFD Crypto | 19 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
IQ Option vs. Lightspeed Comparison Conclusion
The results of our comparison of IQ Option vs. Lightspeed are wrapped up in the table listed below.
| Broker: | Best For: |
| IQ Option | Forex and CFD trading |
| Lightspeed | Stocks, futures and options; High volume traders |
Picking the ideal option between IQ Option and Lightspeed can be challenging. Both on-line brokers have resemblances however vary pertaining to trading tools, systems & applications, regulation, deposit & withdrawals, and research and education and learning. Selecting the very best broker depends upon customers’ trading & investment objectives, individual choices, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.